Important: Listings are compiled from publicly available sources and have not been independently verified by BeforeMortgageUSA.com. We do not endorse any broker or guarantee outcomes. Verify licensing and disciplinary status with the State Mortgage Licensing Authority of Alabama before hiring.
Showing 2 mortgage brokers in Guntersville, AL
Listings are displayed in no particular order and are not ranked by BeforeMortgageUSA. Order does not constitute a recommendation or endorsement of any broker.
Josh Barhorst, Mortgage Broker - Redmond Mortgage
400 Gunter Ave, Guntersville, AL 35976
(256) 738-3495
redmondlending.com
What Does a Mortgage Broker in Guntersville Cost?
Mortgage broker costs in Alabama typically range from 1% to 3% of the loan amount. For a $200,000 home this means $2,000 to $6,000 in broker fees. Some brokers charge a flat fee instead of a percentage. Alabama law requires brokers to provide a Good Faith Estimate of all costs before you commit. Costs vary by case and depend on loan type and lender. This is general information not mortgage or financial advice.
* Cost estimates are general ranges based on publicly available data and compiled using automated research tools. Actual fees vary by agent and case complexity. This is not mortgage or financial advice — consult directly with an agent for fee specifics.
Frequently Asked Questions
What does a mortgage broker do in Guntersville Alabama?
A mortgage broker acts as an intermediary between you and multiple lenders to find a home loan that fits your needs. In Alabama brokers must be licensed and disclose all fees upfront. They help with paperwork and compare rates from different banks and credit unions.
How do I choose a mortgage broker in Guntersville?
Check that the broker is licensed with the Alabama Banking Department and the Nationwide Multistate Licensing System. Ask about their experience with local properties in Marshall County. Read reviews and compare fee structures before signing any agreement.
What documents do I need to apply for a mortgage in Alabama?
You typically need recent pay stubs tax returns bank statements and photo identification. Alabama law requires lenders to provide a Loan Estimate within three business days of your application. Self employed borrowers may need additional profit and loss statements.